In the Keynesian Theory,an Exogenous Decrease in the Demand for Money

question 41

Multiple Choice

In the Keynesian theory,an exogenous decrease in the demand for money shifts

• A)the LM curve to the right.
• B)the LM curve to the left.
• C)the IS curve to the right.
• D)the IS curve to the left.
• E)neither the IS or LM curves.

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Definitions:

Goal Challenge

The degree of difficulty and the effort required to achieve a specific goal, which can influence motivation and performance.

Extreme

Something that is very far from the average or norm, often in intensity, degree, or severity.

Induce

To cause or bring about a certain action or condition, often through incentives or persuasion.

Unethical Behaviour

Actions or decisions that violate moral or professional principles, often resulting in harm or unfairness.